C
The New Olivet Baptist Church Credit Union
CordovaTN
Rating Date
July 2025
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Major Rating Factors: Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Fair (4.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.1 and a net worth ratio of 0.0. A current level of 1.1 percent of nonperforming loans to core capital combined with 17.4 percent from a year earlier contributes to the Excellent asset quality (10.0).
Asset Mix: Consumer loans (14%), other (86%)
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Hot Money
Corporate Info
Address
10000 Woodland Hills Drive
Cordova, TN 38018
Phone Number
(901) 454-7777
NCUA Charter Number
Website